In a further test of patience for Twitter (NYSE:TWTR), a Delaware judge agreed to a stay order on the trial involving the microblogging platform and its potential buyer, Elon Musk, until October 28. The delay effectively eliminates the possibility of closing the acquisition at the original price of $44 billion quickly. For context, Musk faced the ire of Twitter in July, when the latter filed a lawsuit after Musk withdrew his proposal to buy the company. The trial date was set to take place in Delaware Chancery Court on October 17.
https://www.tipranks.com/news/twitter-musk-deal-faces-fresh-uncertainty-as-delaware-judge-postpones-trial?utm_source=advfn.com&utm_medium=referral
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